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Supertrend Gold

SuperTrend is one of the most common ATR based trailing stop indicators.

In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA.

The ea is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a superindicator are 10 for average true range or trading period and three for its multiplier.

The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.

The buy and sell signals are generated when the ea starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price.

A ‘Supertrend’ ea can be used on equities, futures or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market.


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FREE
EA designed to generate pending orders based on the trend and designated take profit value. This EA designed exclusively to work best on GOLD SPOT M5 especially during up trend. User can freely decide to close the open position from this EA or wait until take profit hit. No parameters need to be set as it already set from the EA itself.  This EA do not use Stop Loss due to the applied strategy. Please do fully backtest the EA on the worst condition before use on the real account. Recommended ini
EA made using combination of Pending Order and Martingale Strategy. Designed only to work best on Gold Spot M5. EA will put pending orders and on certain condition will create positions with bigger lot.  This EA do not use Stop Loss due to the applied strategy. Stop Loss will be replaced using modified Take Profit. Input Parameters 1. MaxOpenPositions : Define allowed positions can be open by EA, 0 will use default EA Value 2. TotalPendingOrders : Define allowed generated Pending order set, 0
This Expert Advisor is a Combination of Averaging & Martingale. 1. Trend : to define what position the EA should Trade - LONG SHORT ( EA will open both BUY and Sell ) - LONG ONLY ( EA will only open BUY ) - SHORT ONLY ( EA will only open SELL ) 2. Distance between Each Positions - Point value of each Positions   100  : - if 100 Points reached between the last position and current price, new Position will be open by EA - EA will set up a higher volume for this new Position - new TP calculated u
Improved EA of Resilient Multi Pair ( https://www.mql5.com/en/market/product/66803 ) to adapt the movement of Gold Spot. Will automatically open buy/long position and keep increasing the lot if the distance between Take Profit and current price getting bigger. Will do averaging based on the current total open positions.  No Input needed as it was designed to work only for Gold Spot. Just Run the EA and let the EA do the trading based on the improved algorithm. No Stop Lost so test it well before
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